Indicates a permanent transfer of ownership, rights, or duties with legal consequences.

Legal Finality

Often involves careful consideration due to its long-term impact.

Serious Decision

The act is typically irreversible, so it signifies a strong commitment to a decision.

Common in business contexts where the phrase implies strategic planning for a company's future.

Describes a shift in power, highlighting the importance of the receiving party's new role.

Implies a level of trust in the person taking over, as it involves giving up control.